Evercore ISI Reduces Salesforce Shares Target as Earnings Worries Persist

Thursday, 30 May 2024, 06:40

Evercore ISI has revised its target on Salesforce shares downward amidst concerns about the company's earnings performance. The decision follows recent developments impacting the company's financial outlook, prompting investors to reassess their positions. The lowered target suggests a cautious sentiment towards Salesforce's future earnings potential, signaling potential challenges ahead for the tech giant.
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Evercore ISI Reduces Salesforce Shares Target as Earnings Worries Persist

Salesforce Shares Target Cut by Evercore ISI Amid Earnings Concerns

Evercore ISI has revised its target on Salesforce shares downward amidst concerns about the company's earnings performance. The decision follows recent developments impacting the company's financial outlook, prompting investors to reassess their positions. The lowered target suggests a cautious sentiment towards Salesforce's future earnings potential, signaling potential challenges ahead for the tech giant.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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